In 2023, the revenues generated by the social commerce market in Latin America amounted to an estimated 3.4 billion U.S. dollars. Forecasts suggest that this figure will more than double in the next five years to reach eight billion dollars.
Social commerce revenue in Latin America from 2018 to 2028
(in billion U.S. dollars)
Characteristic
Revenue in billion U.S. dollars
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Statista. (March 1, 2024). Social commerce revenue in Latin America from 2018 to 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 16, 2024, from https://www.statista.com/statistics/1347048/social-commerce-gmv-latin-america/
Statista. "Social commerce revenue in Latin America from 2018 to 2028 (in billion U.S. dollars)." Chart. March 1, 2024. Statista. Accessed July 16, 2024. https://www.statista.com/statistics/1347048/social-commerce-gmv-latin-america/
Statista. (2024). Social commerce revenue in Latin America from 2018 to 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 16, 2024. https://www.statista.com/statistics/1347048/social-commerce-gmv-latin-america/
Statista. "Social Commerce Revenue in Latin America from 2018 to 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Mar 2024, https://www.statista.com/statistics/1347048/social-commerce-gmv-latin-america/
Statista, Social commerce revenue in Latin America from 2018 to 2028 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1347048/social-commerce-gmv-latin-america/ (last visited July 16, 2024)
Social commerce revenue in Latin America from 2018 to 2028 (in billion U.S. dollars) [Graph], Statista, March 1, 2024. [Online]. Available: https://www.statista.com/statistics/1347048/social-commerce-gmv-latin-america/